Confirm Action

Are you sure you wish to do this?

Confirm Cancel
Member Login
Posted: 9/1/2004 10:43:36 AM EDT

Stocks Wobble on DC Sickness Report
35 minutes ago Add Business - Reuters to My Yahoo!

NEW YORK (Reuters) - U.S. stocks wobbled lower on Wednesday as reports that several people had been sickened in an office in Washington raised terrorism fears, upsetting the market, and oil prices jumped.

A building was evacuated and one juvenile was in custody after the release of an "irritating chemical" but investigators are sure terrorism was not involved, a police spokesman said. Earlier, some 50-80 people had reported eye irritation, possibly to due pepper spray.

"There were rumors about noxious fumes in an office building and that made its way through the market pretty quickly. Once it was clear that it was a not a terrorist attack, we recovered pretty quickly," said Brian Williamson, vice president, equity trading, The Boston Co. Asset Management.

Oil was back on investors' radar as NYMEX crude oil futures rose more than 4 percent to approach $44 a barrel after U.S. government data showed an unexpectedly large drop in crude inventories last week.

High oil prices generally weigh on stock prices because of their impact on companies' profit margins and consumers' pocketbooks.

The Dow Jones industrial average (^DJI - news) was down 8.40 points, or 0.08 percent, at 10,165.52, after rising in earlier trading. The Standard & Poor's 500 Index (^SPX - news) was up 1.03 points, or 0.09 percent, at 1,105.27, lower than earlier in the session. The technology-laced Nasdaq Composite Index (^IXIC - news) was up 10.01 points, or 0.54 percent, at 1,848.11.

(Additional reporting by Anna Driver)

? breaking wind maybe????

Link Posted: 9/1/2004 10:44:04 AM EDT
Du Du Du Dupe.
Link Posted: 9/1/2004 10:44:12 AM EDT
This is SO 1 hour ago..............

Link Posted: 9/1/2004 10:46:37 AM EDT
amazing, somebody farts and the stock market dips. Oh, by the way......Dupe Dupe Dupe Dupe of Earl......

Link Posted: 9/1/2004 10:59:03 AM EDT
oh good lord.

why can I never find the damn threads when I check?

Link Posted: 9/1/2004 11:15:50 AM EDT
Link Posted: 9/1/2004 11:16:40 AM EDT

Originally Posted By AR_Shorty:

Link Posted: 9/1/2004 11:18:58 AM EDT
[Last Edit: 9/1/2004 11:18:58 AM EDT by tc6969]
Top Top